EthereumShort
Heading Back to the Lows
Short and sweet...think we test and bounce off 1500 (thanks to a friend for pointing out the levels).
we are making lower highs...should have popped out of the "V" and based/consolidated. Instead, we dumped. At these prices? 40+% discount to yesterday's fever pitch buying? We go much lower.
The plan, short at the trend, cover at the bottom. Not sure I would chase it lower, but I would look to buy anything at or below 1600. DeFi is real...even if a "real" long time away. A market cap of 2x Oracle...GTFO. But at less than half...it starts to get interesting.
we are making lower highs...should have popped out of the "V" and based/consolidated. Instead, we dumped. At these prices? 40+% discount to yesterday's fever pitch buying? We go much lower.
The plan, short at the trend, cover at the bottom. Not sure I would chase it lower, but I would look to buy anything at or below 1600. DeFi is real...even if a "real" long time away. A market cap of 2x Oracle...GTFO. But at less than half...it starts to get interesting.
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